When it comes to Options Trading, there are different complexities involved in terms of choosing a specific strategy that works the best for you.
At the same time, each strategy has its own set of advantages as well as limitations, thus making the concept of options trading even more challenging. Thus, in case you are looking to fit a particular strategy in your option trades, just check few areas before you make a choice.
In this detailed comparison of Long Call Condor Vs Short Call Condor options trading strategies, we will be looking at the below-mentioned aspects and more:
- Current Market Position
- Your Risk Appetite
- Your Trading Experience
- Profit Potential
- Intention and Expectation of a trader
- Break-even point of your trade
Apart from the Long Call Condor Vs Short Call Condor strategies, there are more than 25 comparisons of each of these strategies with other option strategies. With all these comparisons, you should be able to filter the ones that work the best for you.
Here is the detailed Long Call Condor Vs Short Call Condor comparison:
| Comparison Aspect | Short Call Condor | Long Call Condor |
| View |  |  |
| Strategy Introduction | Short Call Condor works in a neutral market and helps the trader to be unaffected by the direction of the trend. The profits can be earned irrespective of the direction in which the prices move...more | Long call condor is a direction-neutral strategy. It is not necessary to know the direction in which the market is expected to move. In fact, it works at the time when...more |
| Investor Obligation | In case of limited price movement, the trader supposedlly incurs a loss. | The trader has the obligation to choose the Strike Prices optimally in order to see decent profits. |
| Market Position | Neutral | Neutral |
| Strategy Level Suitable for | Intermediates | Intermediates |
| Options Traded | Call | Call |
| Number of Positions | 4 | 4 |
| Action Needed | 1 Short ITM Call, 1 Long ITM Call, 1 Long OTM Call, 1 Short OTM Call | 1 Long ITM Call, 1 Short ITM Call, 1 Short OTM Call, 1 Long OTM Call |
| Risk for You | Limited | Limited |
| Profit Potential | Limited | Limited |
| Break Even Point for Investor | Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium | Lower Breakeven = Lower Strike Price + Net Premium Upper breakeven = Higher Strike Price - Net Premium |
| Investor Intention | Let Options Expire Worthlessly | Let Options Expire Worthlessly |
| Investor Expectation | High Implied Volatility | Little or no movement in the price of the underlying asset |
| Strategy Summary | Almost a Hero (Limited Profit) | Straight-Forward |
| Advantages | Low Risk, Low Initial Capital, Profit Chances High | Profits in Low Volatilty, Limited Risk |
| Disadvantages | High Premium, Limited Profit | High Premium, Selection of Correct Strike Prices is Paramount. |
| Market Scenarios - Profit | 1 | 1 |
| Market Scenarios - Loss | 1 | 1 |
| Also called as | NA | NA |
| More Comparisons | Short Call Condor Vs Short Put | Long Call Condor Vs Short Put |
| Short Call Condor Vs Long Combo | Long Call Condor Vs Long Combo | |
| Short Call Condor Vs Synthetic Call | Long Call Condor Vs Synthetic Call | |
| Short Call Condor Vs Long Put | Long Call Condor Vs Long Put | |
| Short Call Condor Vs Long Call | Long Call Condor Vs Long Call | |
| Short Call Condor Vs Covered Call | Long Call Condor Vs Covered Call | |
| Short Call Condor Vs Covered Put | Long Call Condor Vs Covered Put | |
| Short Call Condor Vs Protective Call | Long Call Condor Vs Protective Call | |
| Short Call Condor Vs Short Box | Long Call Condor Vs Short Box | |
| Short Call Condor Vs Long Call Condor | Long Call Condor Vs Short Call | |
| Short Call Condor Vs Short Call | Long Call Condor Vs Short Call Condor | |
| Short Call Condor Vs Box Spread | Long Call Condor Vs Box Spread | |
| Short Call Condor Vs Short Strangle | Long Call Condor Vs Short Strangle | |
| Short Call Condor Vs Long Strangle | Long Call Condor Vs Long Strangle | |
| Short Call Condor Vs Collar Strategy | Long Call Condor Vs Collar Strategy | |
| Short Call Condor Vs Long Straddle | Long Call Condor Vs Long Straddle | |
| Short Call Condor Vs Short Straddle | Long Call Condor Vs Short Straddle | |
| Short Call Condor Vs Long Call Butterfly | Long Call Condor Vs Long Call Butterfly | |
| Short Call Condor Vs Short Call Butterfly | Long Call Condor Vs Short Call Butterfly | |
| Short Call Condor Vs Bear Call Spread | Long Call Condor Vs Bear Call Spread | |
| Short Call Condor Vs Bear Put Spread | Long Call Condor Vs Bear Put Spread | |
| Short Call Condor Vs Bull Call Spread | Long Call Condor Vs Bull Call Spread | |
| Short Call Condor Vs Bull Put Spread | Long Call Condor Vs Bull Put Spread |
Thus, with this, we wrap up our comparison on Long Call Condor Vs Short Call Condor option strategies.
At the same time, if you are in a neutral market situation and have a limited risk appetite, then Long Call Condor may suit you well. You need to know that this strategy provides limited level profit only.
Furthermore, if you are in a neutral market situation and have a limited risk appetite, then Short Call Condor may suit you well. You need to know that this strategy provides limited level profit only.
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